The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Ones brake the line go to buy one brake the line go to sell 2:1
Rsi and macd are also in reversal. May be profit booking start so wait for reversal confirmation.
Raymond For Intraday Prospects With 805 Stop Loss.
#Raymond NSE:RAYMOND NSE:RAYMOND RAYMOND CMP: 780 Entry 770 Target 980 SL 700 RR > 3 TF < 6 months Return ~ 30% Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT...
Base 2 BO given. was supported by good volumes. RS in strong uptrend
2 YEARS resistence level will be crossing can touch 1150
Raymond limited about to breakout. Enter with given levels and earn about 47% within 6+ months.
Guys, We can see the good volumes in Raymond since last 20 to 25 days, but the thing is, It was making Flag and pole pattern with active volume. keep an eye on it, Raymond will good return.
Raymond Ltd. Rounding Bottom Pattern - Weekly / Monthly Basis. Price Break-Out / Volume Built-Up Support. Price Break-Out on Weekly Trendline. Trail Stop Loss. Do You Own Research As Well. This is Just an Opinion. Happy Investing :)
Bollinger Band crossing up side in daily candle and also big coming for textile sector. If tomorrow close above previous high then there will be buying opportunities. ( Just Prediction , I am not a market expert )
RAYMOND - Cup formation near all time high levels. Members must maintain a SL of base line (red line).
NSE:RAYMOND broke out from a major wedge pattern and went into a range (pink rectangle) for 1 month before releasing huge momentum today. Setup is similar to the Precision Wires idea posted few days back. (Up by 25% since posting date) Price should consolidate for 1-5 days before making the next momentum move towards 1000. One can enter 10-20% of their...
Round bottom formation in Raymonds for a target of 1200
Raymond already given breakout from longer time frame triangle breakout now at demand zone near breakout level